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Germany stocks lower at close of trade; DAX down 1.08%

Published 12/14/2021, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.08%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Technology, Retail and Software sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.08%, while the MDAX index declined 0.80%, and the TecDAX index declined 1.95%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 1.93% or 3.18 points to trade at 167.88 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 1.48% or 0.160 points to end at 10.960 and Deutsche Telekom AG Na (DE:DTEGn) was up 1.07% or 0.171 points to 16.169 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 3.28% or 3.29 points to trade at 96.96 at the close. Sartorius AG VZO O.N. (DE:SATG_p) declined 3.23% or 18.600 points to end at 556.400 and HelloFresh SE (DE:HFGG) was down 3.08% or 2.24 points to 70.42.

The top performers on the MDAX were Thyssenkrupp AG O.N. (DE:TKAG) which rose 2.87% to 9.622, Commerzbank AG O.N. (DE:CBKG) which was up 2.26% to settle at 6.572 and Freenet AG NA (DE:FNTGn) which gained 1.93% to close at 22.940.

The worst performers were Software AG (DE:SOWGn) which was down 13.67% to 33.220 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 4.56% to settle at 137.05 and TeamViewer AG (DE:TMV) which was down 3.93% to 11.11 at the close.

The top performers on the TecDAX were Freenet AG NA (DE:FNTGn) which rose 1.93% to 22.940, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 1.75% to settle at 2.379 and Deutsche Telekom AG Na (DE:DTEGn) which gained 1.07% to close at 16.169.

The worst performers were Software AG (DE:SOWGn) which was down 13.67% to 33.220 in late trade, Suse SA (DE:SUSEG) which lost 6.42% to settle at 35.00 and Eckert & Ziegler AG O.N. (DE:EUZG) which was down 4.81% to 93.000 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 449 to 252 and 72 ended unchanged.

Shares in Delivery Hero AG (DE:DHER) fell to 52-week lows; falling 3.28% or 3.29 to 96.96. Shares in TeamViewer AG (DE:TMV) fell to all time lows; falling 3.93% or 0.46 to 11.11.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.91% to 21.60.

Gold Futures for February delivery was down 0.92% or 16.45 to $1771.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.28% or 0.91 to hit $70.38 a barrel, while the February Brent oil contract fell 1.45% or 1.08 to trade at $73.31 a barrel.

EUR/USD was down 0.10% to 1.1272, while EUR/GBP fell 0.15% to 0.8522.

The US Dollar Index Futures was up 0.19% at 96.457.

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